Disliked{quote} As you can see, we're trading the NQ futures contract here, which you cannot trade with a forex broker, so you need a futures account and platform... and also a larger account, as the NQ tick size (a tick is the futures term for pip, ie. the minimum move; it's 0.25 of a point in the NQ) is $5. ie. the equivalent of trading 5 minilots ($50,000 posiiton size) of a USD forex pair. One NQ contract requires $500 margin for day trading. Personally, I wouldn't recommend attempting to trade the NQ with less than a $5k account for a beginner ($2k...Ignored
Tis true about the account size as JT says, I have done well so far but it is a bit nerve racking if you look at the $'s when in a trade!
'in less than half an hour he made over 100 ticks'